India’s startup scene has transformed greatly in recent years, with several promising new businesses emerging annually. Particularly notable are startups founded in 2020 or later which are making inroads in the Mobile industry. In this article, we highlight top Mumbai-based startups that have made significant strides. Despite being relatively young, they have managed to create a significant impact in their respective industries and show a great deal of promise for the future.
The companies discussed herein are innovating ways to improve life in various sectors, ranging from finance to healthcare. These startups demonstrate India’s, particularly Mumbai’s rich diversity in entrepreneurial spirit and technological advancement. Their offerings, whether it’s a new app or a refined product, signpost the future of the Mobile industry.
Mumbai, Maharashtra, being the economic hub of India, has proven to be a fertile breeding ground for startups. Its rich blend of talent pool, infrastructure, and economic activity has made it an ideal habitat for startups. This multiplicity of factors has birthed these pioneering startups changing the face of the Mobile industry in India.
Ayekart Fintech
Ayekart Fintech is an integrated supply chain and finance startup that offers a digital marketplace for manufacturers, processors, and distributors. Co-founded by Ashutosh Singh and Debarshi Dutta, the company was founded in 2020 and is headquartered in Mumbai, Maharashtra, India. The startup is creating a name for itself in the FinTech, marketplace, mobile apps, and supply chain management space.
Finsights – GST ITC Reconciliation App and Free Tally on Mobile and Web
Also headquartered in Mumbai is Finsights, which offers innovative solutions in the realm of Accounting, Business Intelligence, Desktop Apps, ERP, Financial Services, Mobile Apps, and Software. Their GST ITC Reconciliation App and Free Tally on Mobile and Web tools have provided an efficient and accessible solution for businesses managing their finances.
MBnk
MBnk is a financial services startup that’s innovating in the FinTech, Mobile Payments, Online Portals, Payments industry. Founded by Shashank Joshi, MBnk is enhancing the financial services landscape through their range of solutions.
Arvi
Arvi is a Mumbai-based startup that is pioneering innovation in the fields of Artificial Intelligence, Mobile Apps, and Software. Its products utilize state-of-the-art AI technology to provide novel solutions that are transforming the industry.
Bouncbk
Bouncbk’s unique approach to healthcare support through its mobile apps and software is making a significant difference in the Health Care sector. Their evidence-informed approach to supporting individuals, teams, and communities impacted by traumatic events, like the COVID-19 pandemic, is helping organizations improve employee retention and performance.
Crispminds
Crispminds is championing the need for better parenting by offering a platform for anything and everything related to parenting. They aim to empower parents to raise children well and lead fulfilling lives, delivering solutions to common parenting concerns through expert advice, workshops, blogs, and original videos.
Child Safety & Tracker App
Child Safety & Tracker App for Android phones equips parents with powerful child monitoring tools and parental controls that ensure child safety effectively, both online and on-the-go. The app is a handy tool for parents that helps them keep track of their children and protect them from various risks, such as cyberbullying, online predators, and teen depression.
Paydly
Paydly is improving the financial services sector with its innovative technologies that enable billions of people and millions of merchants to buy and sell online. Covering sectors like Accounting, Financial Services, FinTech, Mobile Payments, and Payments, Paydly is firmly providing the way forward to a more efficient and accessible financial services future.
Cykal
Cykal, a Mumbai-based startup, is paving the way for fitness and sports with an innovative approach to maintaining health and well-being. The platform rewards users for sharing cycle and e-bike ride details and aims to become the go-to social network for fitness enthusiasts.
Blue
Blue offers an online platform for banking and intercompany settlement. Their digital banking service for startups and SMEs includes a current account packed with tools for bookkeeping, invoices, moving money, and accessing credit. Blue’s API platform enables financial institutions to seamlessly integrate banking and payments into their applications and accounting systems.
Ideopay
Finishing off our list is Ideopay, which is offering comprehensive solutions in the spaces of Credit, Financial Services, FinTech, Mobile Payments, Online Portals, and Payments. Ideopay is paving the way for a more efficient future in the financial services space in India.
